This will work even if the Cobalt has been previously killed by a failed upload attempt. If you have any problem with this PM me and I will help you work through it. Rest assured, there is nothing you can do in attempting to update the firmware that will actually damage the Cobalt.
Mac users can do almost the same thing, but they need to find the file inside the window that comes up when they click the "start update" button, and if they are starting with a "dead" Cobalt, they need to unplug and replug in the Cobalt USB adapter AFTER they both click the start update button AND locate the Cobalt_110_EndUser_4.hex file and select OPEN, i.e. after starting the update process.